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Passenger car sales in China plummeted 92% YoY in the first 16 days of February, as the coronavirus epidemic caused most business across the country to cease operations, according to data from the Chinese Passenger Car Association (CPCA), BNR reported.
China’s passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier, CPCA data show.
"Very few dealerships opened in the first weeks of February and they have had very little customer traffic," according to a statement from the China Passenger Car Association.
These are the first significant data that show how hard the coronavirus epidemic has hit the world's largest car market.
An outbreak of the deadly Nipah virus in West Bengal, India, is sparking concern across Asia, prompting heightened screenings at airports and border crossings
A Chinese military spokesperson on Tuesday criticized the Philippines for disrupting peace and stability in the South China Sea, accusing it of co-opting countries outside the region to organize so-called "joint patrols.
Chinese Vice Premier He Lifeng on Tuesday called on the global community to firmly support multilateralism and free trade, and stay committed to win-win cooperation.
China saw its birth rate hit a record low in 2025, as the country’s population declined for the fourth consecutive year, raising concerns about long-term demographic and economic pressures for the world’s second-largest economy,
Breaking with the United States’ previous approach, Canada announced it will cut its 100% tariff on Chinese electric vehicles, in exchange for lower Chinese tariffs on Canadian agricultural exports. Prime Minister Mark Carney said the deal sets an initial
China and Canada released a joint statement on Friday following high-level meetings held during Canadian Prime Minister Mark Carney’s official visit to China from January 14 to 17, undertaken at the invitation of Chinese Premier Li Qiang.
The withdrawal of the Bulgarian lev from circulation is nearing completion, according to the latest data from the Bulgarian National Bank. The central bank reports that approximately 89 percent of lev banknotes and coins have already been collected and re
Bulgaria recorded a decline in exports to European Union countries in 2025, while imports from the bloc continued to rise, according to data from the National Statistical Institute (NSI).
The ongoing war in the Middle East is beginning to cast a shadow over Bulgaria’s tourism sector, with early signs already visible in reservations for the upcoming summer season.
In the final quarter of 2025, farm gate prices for agricultural products across the European Union declined by nearly 1.9% compared to the same period in 2024, according to Eurostat
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
